SOURCE: Net 1 UEPS Technologies, Inc.

Net 1 UEPS Technologies, Inc.

June 11, 2015 07:30 ET

Net1 to Host Investor Day on June 22, 2015 in London

JOHANNESBURG, SOUTH AFRICA--(Marketwired - June 11, 2015) - Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (NASDAQ: UEPS) (JSE: NT1) today announced that it will host an investor day for institutional investors and analysts on Monday June 22, 2015 beginning at 12pm British Time/7am Eastern Time. Serge Belamant, Chairman and Chief Executive Officer, Herman Kotze, Chief Financial Officer and Philip Belamant, Managing Director of Zazoo will outline the Company's strategic plans and future financial goals.

The Company will sponsor a live webcast simultaneously with the meeting. To access the webcast, please visit the Investor Relations section of Net1's website ir.net1.com. A replay will be available after the conclusion of the live webcast.

About Net1 (www.net1.com)

Net1 is a leading provider of alternative payment systems that leverage its Universal Electronic Payment System ("UEPS") or utilize its proprietary mobile technologies. The Company operates market-leading payment processors in South Africa and the Republic of Korea.

UEPS permits the Company to facilitate biometrically secure, real-time electronic transaction processing to unbanked and under-banked populations of developing economies around the world in an online or offline environment. Net1's UEPS/EMV solution is interoperable with global EMV standards that seamlessly enable access to all the UEPS functionality in a traditional EMV environment. In addition to payments, UEPS can be used for banking, healthcare management, payroll, remittances, voting and identification.

Net1's mobile technologies include its proprietary mobile payments solution - MVC, which offers secure mobile-based payments, as well as mobile banking and prepaid value-added services in developed and emerging countries. The Company intends to deploy its varied mobile solutions through its Zazoo business unit, which is an aggregation of innovative technology companies and is based in the United Kingdom.

Net1 has a primary listing on the NASDAQ and a secondary listing on the Johannesburg Stock Exchange.

Contact Information

  • Investor Relations Contact:
    Dhruv Chopra
    Head of Investor Relations
    Phone: +1-917-767-6722
    Email: dchopra@net1.com